Bourse Direct SA (BSD) — Capital Reinvestment Ratio
Latest as of December 2025:
0.23x
Bourse Direct SA (BSD) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow (€12.78 Million) in capital expenditures (€2.89 Million). See free cash flow generation of Bourse Direct SA to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.23x
Capex / Operating Cash Flow
Operating Cash Flow
€12.78 Million
EUR
Capital Expenditures
€2.89 Million
EUR
Data as of
Dec 2025
Most recent filing
Bourse Direct SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Bourse Direct SA's Capital Reinvestment Ratio across 16 annual periods.
Annual Capital Reinvestment Ratio for Bourse Direct SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Bourse Direct SA from 2004 to 2025. For live market cap and broader valuation context, see Bourse Direct SA market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | €19.73 Million | €3.76 Million | ▼ -11.9% |
| 2024 | 0.22x | €20.78 Million | €4.50 Million | ▲ +145.0% |
| 2023 | 0.09x | €23.18 Million | €2.05 Million | ▼ -66.0% |
| 2022 | 0.26x | €12.76 Million | €3.32 Million | ▲ +104.8% |
| 2020 | 0.13x | €14.95 Million | €1.90 Million | ▼ -93.1% |
| 2019 | 1.83x | €983.62K | €1.80 Million | ▼ -81.6% |
| 2018 | 9.95x | €278.19K | €2.77 Million | ▲ +3553.7% |
| 2017 | 0.27x | €8.70 Million | €2.37 Million | ▼ -20.7% |
| 2016 | 0.34x | €2.44 Million | €837.80K | ▼ -53.6% |
| 2015 | 0.74x | €3.71 Million | €2.74 Million | ▲ +102.0% |
| 2014 | 0.37x | €6.71 Million | €2.46 Million | ▲ +0.0% |
| 2013 | 0.37x | €6.71 Million | €2.46 Million | ▲ +212.1% |
| 2007 | 0.12x | €4.64 Million | €544.00K | ▲ +21.3% |
| 2006 | 0.10x | €82.85 Million | €8.01 Million | ▼ -67.7% |
| 2005 | 0.30x | €4.13 Million | €1.24 Million | ▲ +3172.7% |
| 2004 | 0.01x | €31.36 Million | €287.00K | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow